CPE-DRS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CPE-DRS
Largest movements
- Cash -€161,646
down €161,646 (-58.6%), from €275,896 to €114,250
mainly Trade debts (-€69,282) and Receivables after one year (-€41,500)
- Receivables after one year +€41,500
up €41,500 (+21.3%), from €194,646 to €236,146
- Receivables within one year +€12,141
up €12,141 (+46.5%), from €26,135 to €38,276
of which Trade receivables: +€6,755
- Tangible fixed assets -€6,573
down €6,573 (-37.8%), from €17,372 to €10,799
of which Furniture and vehicles: -€5,808
- Deferred charges and accrued income +€5,450
up €5,450, from €0 to €5,450
- Trade debts -€69,282
no longer reported in 2024 (was €69,282)
- Profit (loss) carried forward -€21,023
down €21,023 (-73.7%), from €28,529 to €7,506
- Tax, wage and social debts -€18,823
down €18,823 (-14.0%), from €134,217 to €115,394
- Taxes +€13,340
up €13,340 (+3,483%), from €383 to €13,723
- Gross operating margin -€7,197
down €7,197, from €4,530 to -€2,667
- Financial charges +€988
up €988 (+147%), from €670 to €1,658
- Depreciation -€830
down €830 (-11.2%), from €7,403 to €6,573
- Other operating charges +€690
new in 2024: €690
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €514,649 | €405,521 | -€109,128 | -21.2% |
| Fixed assets | 21/28 | €17,972 | €11,399 | -€6,573 | -36.6% |
| Tangible fixed assets | 22/27 | €17,372 | €10,799 | -€6,573 | -37.8% |
| Furniture and vehicles | 24 | €14,861 | €9,053 | -€5,808 | -39.1% |
| Leasing and similar rights | 25 | €2,511 | €1,746 | -€765 | -30.5% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €496,677 | €394,122 | -€102,555 | -20.6% |
| Amounts receivable after more than one year | 29 | €194,646 | €236,146 | +€41,500 | +21.3% |
| Other amounts receivable | 291 | €194,646 | €236,146 | +€41,500 | +21.3% |
| Amounts receivable within one year | 40/41 | €26,135 | €38,276 | +€12,141 | +46.5% |
| Trade receivables | 40 | €0 | €6,755 | +€6,755 | |
| Other amounts receivable | 41 | €26,135 | €31,521 | +€5,386 | +20.6% |
| Cash at bank and in hand | 54/58 | €275,896 | €114,250 | -€161,646 | -58.6% |
| Deferred charges and accrued income | 490/1 | €0 | €5,450 | +€5,450 | |
| Total equity and liabilities | 10/49 | €514,649 | €405,521 | -€109,128 | -21.2% |
| Equity | 10/15 | €311,029 | €290,006 | -€21,023 | -6.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €280,000 | €280,000 | = | 0.0% |
| Distributable reserves | 133 | €280,000 | €280,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,529 | €7,506 | -€21,023 | -73.7% |
| Amounts payable | 17/49 | €203,620 | €115,515 | -€88,105 | -43.3% |
| Amounts payable within one year | 42/48 | €203,620 | €115,515 | -€88,105 | -43.3% |
| Financial debts | 43 | €121 | €121 | = | 0.0% |
| Credit institutions | 430/8 | €121 | €121 | = | 0.0% |
| Trade debts | 44 | €69,282 | - | -€69,282 | |
| Suppliers | 440/4 | €69,282 | - | -€69,282 | |
| Taxes, remuneration and social security | 45 | €134,217 | €115,394 | -€18,823 | -14.0% |
| Taxes | 450/3 | €134,217 | €115,394 | -€18,823 | -14.0% |
| Remuneration, social security and pensions | 62 | €699 | €1,162 | +€463 | +66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,403 | €6,573 | -€830 | -11.2% |
| Other operating charges | 640/8 | - | €690 | +€690 | |
| Gross operating margin | 9900 | €4,530 | -€2,667 | -€7,197 | |
| Operating profit (loss) | 9901 | -€3,572 | -€11,092 | -€7,520 | -211% |
| Financial income | 75/76B | €5,450 | €5,450 | = | 0.0% |
| Recurring financial income | 75 | €5,450 | €5,450 | = | 0.0% |
| Financial charges | 65/66B | €670 | €1,658 | +€988 | +147% |
| Recurring financial charges | 65 | €670 | €1,658 | +€988 | +147% |
| Profit (loss) for the period before taxes | 9903 | €1,208 | -€7,300 | -€8,508 | |
| Income taxes | 67/77 | €383 | €13,723 | +€13,340 | +3,483% |
| Profit (loss) for the period | 9904 | €825 | -€21,023 | -€21,848 | |
| Profit (loss) for the period to be appropriated | 9905 | €825 | -€21,023 | -€21,848 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.